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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
06 06

Why industrial heat pumps are a ‘clean heat’ opportunity for India

Industry accounts for nearly half of India's final energy consumption as of 2025, with a large share still dependent on fossil fuels for process heat — makin...

GS3 (Environment Energy Indian Economy Infrastructure) Science & Technology Environment & Ecology Economics 6m
06 06

India, US 'very close' to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says

The US Deputy Secretary of State stated that India and the United States are "very, very close" to signing a trade deal, with only a "last hurdle" remaining ...

GS2 (International Relations) GS3 (Economics) International Relations Economics 5m
06 06

Welfare spending surge pushes subsidy outgo to 91% of target

Government subsidy expenditure reached 91% of the revised annual estimate for FY2025-26 in the first eleven months of the fiscal year, indicating a significa...

GS3 (Indian Economy Fiscal Policy Government Budgeting) Economics 5m
06 06

Strait of Hormuz technically open, but not operating: National shipowners' body head

The head of the national shipowners' association described the Strait of Hormuz as "technically open but not operating," reflecting the paradox of a passage ...

GS2 (International Relations) GS3 (Economics Energy Security) International Relations Economics 6m
06 06

Goods, services exports up 4.59 pc to USD 863.11 bn in FY26

India's combined goods and services exports rose 4.59% to an all-time high of USD 863.11 billion in FY2025–26, up from USD 825.26 billion in FY2024–25, accor...

GS3 (Indian Economy Foreign Trade Balance of Payments) Economics International Relations 4m
06 06

Energy shock strains India’s growth, fiscal outlook: S&P report

A joint report by S&P Global and its Indian subsidiary Crisil, titled "India Forward: Strategic Imperatives," assessed the economic impact of the West Asia c...

GS3 (Indian Economy Energy Security Fiscal Policy) Economics International Relations 8m
06 06

Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirement

India's central pool foodgrain stocks in Food Corporation of India (FCI) godowns stood at 604.02 lakh tonnes as of May 2026, nearly three times the mandatory...

GS3 (Agriculture Food Security Government Schemes) Economics Geography 6m
06 06

India's overall exports hit all-time high of $863 billion in FY26

India's combined goods and services exports reached an all-time high of $863.11 billion in FY2025-26, rising 4.6% from $825.26 billion in FY2024-25. Services...

GS Paper 3 (Indian Economy Foreign Trade) Economics 3m
06 06

India, Vietnam elevate ties to ‘Enhanced Comprehensive Strategic Partnership’, sign 18 MoUs

India and Vietnam elevated their bilateral relationship to an "Enhanced Comprehensive Strategic Partnership" during Vietnamese President To Lam's state visit...

GS Paper 2 (International Relations) GS Paper 3 (Economy — Critical Minerals Digital Payments) International Relations Economics 3m
06 06

India’s exports rise 4.6% to hit all-time high of $863 bn in FY26 despite global headwinds

India's total goods and services exports reached an all-time high of USD 863.11 billion in FY2025–26, growing 4.59% over FY2024–25's USD 825.26 billion, acco...

GS3 (Indian Economy Trade Balance of Payments) Economics International Relations 4m
06 06

India should adopt dual-track trade strategy at WTO, say experts

Trade policy experts, at a seminar organised by Chintan Research Foundation (CRF) and the Indian Council for Research on International Economic Relations (IC...

GS2 (International Relations) GS3 (Economics) Economics International Relations 5m
06 06

How much did LPG imports fall due to Hormuz closure, why demand may fall too

The Strait of Hormuz has been substantially blocked since approximately February 28, 2026, as a consequence of the Iran–US/Israel military conflict, disrupti...

GS Paper 1 (Geography) GS Paper 2 (International Relations) GS Paper 3 (Energy Security Economy) Economics International Relations Geography 5m
06 06

Trump says pausing Hormuz operation in push for Iran deal

The United States announced a pause to "Project Freedom" — its military operation to escort commercial ships through the Strait of Hormuz — citing significan...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security Internal Security) International Relations Internal Security Economics 5m
05 05

India’s energy security amid conflicts

The ongoing West Asia conflict — triggered by Operation Epic Fury on 28 February 2026 — has shut the Strait of Hormuz, exposing India's structural vulnerabil...

GS Paper 3 (Energy Security Indian Economy) GS Paper 2 (International Relations) International Relations Economics Geography 5m
05 05

Cabinet clears two chip plants worth Rs 3,936 crore under ISM; one could be India’s first commercial display facility

The Union Cabinet approved two new semiconductor manufacturing units under the India Semiconductor Mission (ISM), bringing total approved projects to 12 with...

GS Paper 2 (Government Policy) GS Paper 3 (Technology Economy) Science & Technology Economics 4m
05 05

Govt nod to Rs 5,659 cr for five-year mission to increase cotton yield

The Union Cabinet approved ₹5,659.22 crore for the Mission for Cotton Productivity (2026-27 to 2030-31), a five-year targeted programme to reverse stagnation...

GS3 (Agriculture Food Security Government Schemes) Economics 6m
05 05

​Building bridges: On India’s solar generation, battery storage

India's installed solar capacity crossed 150 GW as of March 2026, making it the third-largest solar power producer globally, after China and the United State...

GS3 (Environment Energy Infrastructure) Science & Technology Environment & Ecology Economics 6m
05 05

Sugarcane FRP hiked to Rs 365/quintal for 2026-27 season

The Cabinet Committee on Economic Affairs (CCEA) approved the Fair and Remunerative Price (FRP) for sugarcane at Rs 365 per quintal for the 2026-27 crushing ...

GS Paper 3 Economics Social Issues 5m
05 05

Union Cabinet raises sugarcane FRP by ₹10 per quintal

The Cabinet Committee on Economic Affairs (CCEA) approved a Fair and Remunerative Price (FRP) of ₹365 per quintal for sugarcane for the sugar season 2026-27 ...

GS Paper 3 Economics Polity & Governance 5m
05 05

MoD inks ₹1,476 crore deal with BEL for mobile electronic systems

The Ministry of Defence (MoD) signed a ₹1,476 crore contract with Bharat Electronics Limited (BEL), Hyderabad, for the supply of five Ground-Based Mobile Ele...

GS Paper 3 (Defence Technology Indigenisation Aatmanirbhar Bharat) Internal Security Science & Technology Economics 5m
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